7 / 7 Relevant items tagged with #SecuritiesAndExchangeCommission

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SEC's Gensler seeks $2.4B in funding to chase down crypto 'misconduct'

[Mar 29, 2023 10:25 PM] SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”

ARK Buys the Wells Dip With $17.7M COIN Purchase

[Mar 23, 2023 9:34 PM] Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.

Is This Finally an Atomic Bomb From the SEC?

[Mar 23, 2023 4:24 PM] The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally…

Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

[Mar 14, 2023 1:30 PM] The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would…

Lawmakers should check the SEC’s wartime consigliere with legislation

[Mar 6, 2023 11:09 AM] Securities and Exchange Commission Chairman Gary Gensler has a lot in common with “The Godfather’s” Michael Corleone, according to the Cato Institute's Jack Solowey and Jennifer Schulp.

SEC files objection to Binance US bid for Voyager assets

[Feb 23, 2023 4:46 AM] The SEC has moved to bar final approval of Binance.US’ $1 billion bid for assets belonging to bankrupt crypto lending firm Voyager Digital.

US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO

[Feb 22, 2023 1:00 AM] The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year.

Breaking: SEC sues Do Kwon and Terraform Labs for fraud

[Feb 16, 2023 4:14 PM] "We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities," said SEC chair Gary Gensler.

Expect the SEC to use its Kraken playbook against staking protocols

[Feb 14, 2023 12:36 PM] Some observers have suggested the SEC’s action against Kraken will push users toward DeFi protocols. The reality is that the SEC is coming for those as well.

Breaking: Paxos to face SEC lawsuit over Binance USD: Report

[Feb 12, 2023 5:44 PM] According to people familiar with the matter, the notice relates to Binance USD, which is being seen by the SEC as an unregistered security.

Staking ban is another nail in crypto’s coffin — that’s a good thing

[Feb 10, 2023 2:15 PM] The SEC’s move to ban staking is going to encourage more people to move toward decentralized options beyond the agency’s reach.

Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal

[Feb 7, 2023 1:00 PM] On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda…

SEC’s ‘one-dimensional’ approach is slowing Bitcoin progress: Grayscale CEO

[Jan 23, 2023 8:06 PM] Grayscale’s chief was the latest to take a swing at the authority for its so-called “regulation by enforcement” actions.

Gemini and Genesis charged by SEC with selling unregistered securities

[Jan 12, 2023 4:16 PM] The charges relate to Gemini’s crypto asset lending program, Gemini Earn, according to the Securities and Exchange Commission.

Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest

[Dec 30, 2022 11:30 AM] According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the funds were spent by SBF, it goes against the court’s release…

Be ‘very wary’ of crypto proof-of-reserve audits: SEC official

[Dec 23, 2022 12:04 AM] SEC’s acting chief accountant Paul Munter said that investors shouldn't place too much confidence in a company holding up a proof-of-reserves audit.

4 legislative predictions for crypto in 2023

[Dec 20, 2022 2:55 PM] We may not see much from Congress, but there is a chance the SEC will continue making crypto policy via litigation.

SEC calls on firms to disclose exposure to crypto bankruptcies and risks

[Dec 8, 2022 5:30 PM] The Securities and Exchange Commission corporate finance division reminded companies of what they are required to disclose and provided guidance to what else they want to know.

My story of telling the SEC ‘I told you so’ on FTX

[Nov 21, 2022 11:08 AM] I asked the SEC to take public comments on issues related to cryptocurrency custodians and intermediary conflicts. The SEC declined to take my advice, and FTX fell apart soon after.

The fall of FTX and Sam Bankman-Fried might be good for crypto

[Nov 18, 2022 4:55 PM] Let's ensure that the companies replacing FTX in the public eye understand what cryptocurrency is about and want to get back to its core values.